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Karauri, Quiver owner grabs quarter of matatu insurance

Public service vehicles in Nairobi city centre.

Photo credit: File | NMG

By  Patrick Alushula

Business Reporter

Nation Media Group


An insurer backed by Quiver Lounge & Grill owner Peter Mbugua and SportPesa CEO Ronald Karauri has captured a quarter of Kenya’s matatu insurance market barely 18 months after entering the business, intensifying competition in a segment dominated by established players.

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